JRV 0.00% 1.9¢ jervois global limited

Have to agree, the set up is extremely good for JRVRegardless of...

  1. 66 Posts.
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    Have to agree, the set up is extremely good for JRV

    Regardless of whatever Russia does to its reputation and world standing in The Ukraine, it will all be about US customers when ICO eventually starts its production.
    Whether the product goes to Finland or later Brazil for refining, it really doesnt matter, JRV clips the ticket again

    The political and trade wedge between China and the US is substantial, its the same here in Australia..... in this climate, the US will always support a local operation over a Chinese one ( or a Russian one ).....ICO will eventually lap up US customers once its production can be relied upon

    And then, for big listed companies, there is the highly significant issues of ESG and modern slavery.....product sourced from The Congo is always goping to have those question marks.....it just means that if you can get enough product from a supplier that doesnt present you withy those issues.....thats where these companies are going to buy every time

    Volume is always key to price momentum, and we have seen JRV's daily volume increase this last fortnight
    This suggests its Insto money.....adding to the day traders

    CEO Bryce Crocker has ( rightfully ) drawn everyone's attention to ICO, Finland and Brazil.
    However, imho, Nico Young is big the sleeper.
    The world is short supply of these so called "new metals"....Management have scheduled more drilling at Nico Young...a deal could be done here
 
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